ACTION REQUESTED:
Title
Communication from the City Manager with a Request for a POLICY SESSION on the 2018-2019 Biennial Budget.
Body
BACKGROUND: Staff will present the results of the online Budget Challenge (www.peoria.budgetchallenge.org <http://www.peoria.budgetchallenge.org>) and report back on the 5 public budget meetings held during the last 30 days.
Staff will also present to Council the impact of 5% and 10% budget reductions in the General Fund on operations. Staff will be seeking policy direction on expenses and revenues during the policy session. A memo will be sent to Council under separate cover.
FINANCIAL IMPACT: The estimated budget deficit for 2018 is $7.9 million in the General Fund. The intent of the policy session is to discuss ways to reduce the deficit.
NEIGHBORHOOD CONCERNS: The budget has direct impact upon services delivered in City neighborhoods.
IMPACT IF APPROVED: N/A
IMPACT IF DENIED: N/A
ALTERNATIVES: Alternatives will be discussed during the policy session.
EEO CERTIFICATION NUMBER: N/A
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL’S 2014 - 2029 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Financially Sound City Government, Effective City Organization
2. Grow Peoria: Businesses, Jobs, and Population
3. Attractive Neighborhoods with Character: Safe and Livable
4. Vibrant Downtown: Riverfront/ Central Business District/ Warehouse District
WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?
1. Reduce crime.
2. Improve District 150.
3. Grow employers and jobs.
4. Invest in our infrastructure and transportation.
5. Reinvest in neighborhoods.
6. Keep taxes and fees competitive.
7. Have an efficient government.
DEPARTMENT: City Manager's Office